PROGRESSIVE 3
ActiveSummary
PROGRESSIVE 3 has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €470k and a net result of €18k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 76% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-6
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.62 in 2024; short-term debt: 17.6% and cash: 7% of total assets), and 18.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.5%
Return on assets
3.2%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
6 d late
2023
13 d early
2022
26 d early
2021
2 d early
2020
2 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▼ 38.3%
2024 · €30k
2018: €24k
2019: €2k
2020: €3k
2021: €29k
2022: €32k
2023: €32k
2024: €30k
2018 → 2025
Working capital
€-25k▲ 33.5%
2024 · €-37k
2018: €-111k
2019: €-139k
2020: €-166k
2021: €-138k
2022: €-105k
2023: €-73k
2024: €-37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€358k-€390k▲ 9.1%€422k▲ 8.1%€452k▲ 7.1%€470k▲ 4.1%
Operating result€45k-€49k▲ 8.5%€48k▼ 0.6%€47k▼ 3.0%€30k▼ 35.8%
Net result€29k-€32k▲ 13.6%€32k▼ 2.8%€30k▼ 5.5%€18k▼ 38.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €577k
Fixed assets
€500k =
Current assets
€77k ▲ 27.6%
Equity and liabilities €577k
Equity
€470k ▲ 4.1%
Debt
€107k ▼ 1.6%
Debt's share of the balance-sheet total falls from 19.4% to 18.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.76▲
2024 · 0.62
Debt to equity
0.23▼
2024 · 0.24
ROE
3.9%▼
2024 · 6.6%
ROA
3.2%▼
2024 · 5.3%
Debt ≤ 1 year
€102k▲
2024 · €97k
Income taxes
€7k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€560k€577k▲
Fixed assets21/28€500k€500k=
Financial fixed assets28€500k€500k=
Current assets29/58€60k€77k▲
Amounts receivable within one year40/41€2k€11k▲
Other amounts receivable41€2k€11k▲
Current investments50/53€25k€25k=
Cash at bank and in hand54/58€33k€40k▲
Deferred charges and accrued income490/1€0€724▲
Equity and liabilities
Total equity and liabilities10/49€560k€577k▲
Equity10/15€452k€470k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€444k€462k▲
Amounts payable17/49€109k€107k▼
Amounts payable within one year42/48€97k€102k▲
Trade debts44€338€33k▲
Suppliers440/4€338€33k▲
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€91k€66k▼
Accrued charges and deferred income492/3€11k€5k▼
Income statement
Code20242025
Other operating charges640/8€387€397▲
Gross operating margin9900€47k€31k▼
Operating profit (loss)9901€47k€30k▼
Financial income75/76B€36€818▲
Recurring financial income75€36€818▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€41k€26k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€30k€18k▼
Profit (loss) for the period to be appropriated9905€30k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€444k€462k▲
Profit (loss) brought forward from the previous period14P€414k€444k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 6 days late
2024
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Highest result since 2018net €32k ▲13.6%
Net result €32k, the highest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Weakest financial yearnet €2k ▼90.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grâce-Hollogne · 1 establishment unit since 2011
Ground area
83 m²
Building footprint
55 m²
Volume, LiDAR
567 m³
Parcel 62054D0022/00Z002, Wallonia · tallest building 11.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PROGRESSIVE 3
since 20112.198.113.733
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62054D0022/00Z002 | Wallonia | 83 m² | 1 · 55 m² | 11.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BLISS SERVICES
BE 0891.651.615
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ZENSA
BE 0894.096.906
Antwerpen · Eq €470,144
T2M FINANCE
BE 0675.650.926
Waregem · Eq €470,106
SaGa etc
BE 0792.427.939
Wezembeek-Oppem · Eq €469,987
Quest Events
BE 0461.558.959
Oostkamp · Eq €470,274
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,161 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-2011
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.